Examples of Exploration and Option Agreement in a sentence
Pursuant to the terms of an Exploration and Option Agreement, dated August 29, 2008, as amended (the “Cordero Option Agreement”), with Exploraciones del Altiplano, S.A. de C.V. (“Altiplano”) the Company may acquire up to a 100% interest, subject to a 2% net smelter royalty (“NSR”) in the Cordero Property.
On May 15, 2014 Razore Rock served notice that it has terminated the Oxford Lake Exploration and Option Agreement.
Under the terms of the Exploration and Option Agreement, the Company has a 180-day period to evaluate the Short Grass Property.
By an Exploration and Option Agreement dated December 30, 2003, Estelar obtained the right to acquire a 100% interest in the Cerro Moro, Santa Cruz, Chubut and Rio Negro Projects (comprised of thirty-nine mineral concessions) (the “Properties”), located in Santa Cruz, Chubut and Rio Negro Provinces, Argentina, from Cerro Vanguardia (“CVSA”) by making cash payments of US$100,000 (paid) and incurring US$3.0 million (incurred) in exploration expenditures.
As these instruments are associated with operating sites with long-lived assets, they will remain outstanding until closure.Option AgreementsTabor Exploration and Option Agreement On August 24, 2020, the Company through its wholly owned subsidiary Au-Reka entered into an option agreement with Renaissance Exploration, Inc.
COUNTY OF ___________) On this ______ day of ________________, 2005, personally appeared before, a Notary Public, ____________________, who acknowledged that he executed the above Mining Exploration and Option Agreement in his capacity as ________________, for Gentor Resources, Inc.
Pay the Vendor a signing fee of $65,000 on the date of the Exploration and Option Agreement (which the Company has paid); and2.
There is very little habitat for amphibians at this location because of the relatively steep banks and lack of shallow ponding habitat and wetlands.
On 4 September 2020 (as amended and restated on 3 September 2021), the Company and EMX Broken Hill Pty Ltd (EMX or Vendor) entered into an exploration and option agreement in relation to granted exploration permits EPM 26317 and EPM 27252 (Exploration and Option Agreement) on the following terms: First option:1.
By an Exploration and Option Agreement dated December 30, 2003, Estelar obtained the right to acquire a 100% interest in the Cerro Moro, Santa Cruz, Chubut and Rio Negro Projects (comprised of thirty-nine mineral concessions (the “Properties”), located in Santa Cruz, Chubut and Rio Negro Provinces, Argentina, from Cerro Vanguardia (“CVSA”) by making cash payments of US$100 thousand (paid) and incurring US$3.0 million (incurred) in exploration expenditures.